Lionsgate said the former Two and a Half Men star will retain a "significant ownership stake" in the show. Names of co-stars and a production start date have not been disclosed yet.

In the film, which starred Jack Nicholson and Adam Sandler, a mild-mannered man is ordered to attend group anger-management sessions led by a therapist who needs therapy himself.

The show will be Sheen's first full-time TV job since he was fired from Two And A Half Men in March.

The hit CBS show had made him the highest-paid actor on television earning around 1.8 million dollars an episode, but he was axed from the show after he gave a string of controversial interviews talking about past drug use and repeatedly insulting show runner Chuck Lorre.